Over its long history the Free Market Foundation has deemed it necessary to recognise the varied contributions of economists, luminaries, and freedom advocates to the cause of liberty and to South Africa more broadly.
From 2021 to present, the FMF bestows the ad hocGail Day Unsung Heroes Award on those who, knowingly or unknowingly, have made largely unrecognised contributions to individual freedom in South Africa or abroad. The recipients are:
From 2013 to 2019, the FMF bestowed the ad hocLuminary Award on those unique individuals who inspired others in a particular sphere of life. The recipients are:
2013 – Dr Yuri Maltsev
2013 – Dr Thabo C Makgoba
2013 – Dr Pauline Dixon
2013 – Dr Sam Motsuenyane
2014 – Adv George Bizos
2014 – Dr Richard Maponya
2014 – Raymond Ackerman
2016 – Johan Norberg
2016 – Dr Reuel J Khoza
2019 – Bonang Mohale
From 1980 to 2004, the FMF bestowed the annual Free Market Award on those who had made an exceptional contribution to the cause of economic freedom. The recipients are: